Government confirms plan to raise minimum pension age to 57

The government has published a consultation that sets out its proposals to raise the Normal Minimum Pension Age (NMPA) from 55 to 57 by 2028, mirroring the change to the minimum state pension age.

As with the normal state pension, the reason for the change is given as a belief that "increasing the minimum pension age reflects increases in longevity and changing expectations of how long people will remain in work and in retirement”.

The plans will not apply to members of the armed forces, police or fire services public service pension schemes.

The normal minimum pension age is the minimum age at which most pension savers can access their pensions without incurring a tax charge (unless they are taking their pension due to ill-health).

The consultation will close at 11pm on 22 April 2021.

https://www.gov.uk/government/consultations/increasing-the-normal-minimum-pension-age-consultation-on-implementation